Electronic Investor

A More-Creditable Credit Card

Where to go shopping for a new credit card.

CONSUMERS WAITING FOR A LAW TO PROTECT them from deceptive credit-card practices might do better to protect themselves. A recent study by the Pew Charitable Trust (www.pewtrusts.org) showed that the so-called CARD Act, approved by Congress in May, has yet to stem the draconian credit activities it was designed to curb. Moreover, legislative loopholes could enable banks to keep credit-card costs high.